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we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because there was a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion short fall every year at a time again when we were told by this nonpartisan congressional budgets office things are getting worse not better. if he takes that out as he's going to do based on the leaks because it's a partisan political year, he's not
we're talking about the deficits at the end of the -- >> i am talking about the deficits. the deficits go up. >> we'll submit a budget in a couple days. >> what were you going to say senator portman? >> no, chris, look, we clearly have a growing debt problem. this is the most predictable crisis in the country. the president refuses to deal it with. if you look at his budget last year, it barely had deficit reduction relative to what would happen otherwise. in other...
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Mar 2, 2014
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in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting worse, not better. so if he takes that out as apparently he'll do businessed on the leaks because it's partisan political year, he's not going to have any can he have deficit reduction. so if that is true, boy, again, this is not responsible.he have deficit reduction. so if that is true, boy, again, this is not responsible. this is not responsive to what is really happening. >> let me bring in congressman van hollen. what we're talking about by far the biggest part of the budget and that is entitlements. last year as part of the budget, the president include
in other words, there was a slight decrease in the deficit. you would hope there would be a significant one. but the only reason there was was because he had a provision in there about a more accurate measure of inflation under the cpi and social security. we now hear that he's actually going to take that out of the budget at a time when social security has a $63 billion shortfall every year, at a time again when we're told by this nonpart sap congressional budget office things are getting...
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Mar 5, 2014
03/14
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obama says the budget deficit will decline to five hundred sixty four billion dollars the lowest level in his presidency. we go to the side of the road you squeeze the middle class or for going to continue to reduce the deficit is responsible for all taking steps to grow and strengthen the middle class. republican house speaker john bain are strongly criticized the draft he said it was the most irresponsible. he said it would only increase spending and borrowing expanded governments and hurt the economy. a ban on exports of raw materials has pushed indonesia's trade balance into the red for the first time in three months indonesian officials say the trade deficit in january came to about four hundred thirty million dollars exports of about fourteen point four billion dollars compared with imports of fourteen point nine billion dollars. the country has long earn foreign currency by exploiting natural resources and mining law they came into effect in january slowed overseas shipments beloved and exports of nickel copper and other minerals that have not been processed. the idea is to enco
obama says the budget deficit will decline to five hundred sixty four billion dollars the lowest level in his presidency. we go to the side of the road you squeeze the middle class or for going to continue to reduce the deficit is responsible for all taking steps to grow and strengthen the middle class. republican house speaker john bain are strongly criticized the draft he said it was the most irresponsible. he said it would only increase spending and borrowing expanded governments and hurt...
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Mar 2, 2014
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if you take it during the first trimester, it increases attention deficit risk by 9%. this is the time where the nerves and all the end krin and hormonal changes are taking on. if you take it in the second and third stritrimester, the risk increases to 68%. >> what about if your back is really killing you at the end. >> patients come to me and say what do i take? i say nothing. i feel more certain of that, because we always felt that the one thing could you take was acetaminophen, maybe tums. we don't want people taking ibuprofen or aspirin because it increases the risk of bleeding and early miss carriage. the problem is these are over-the-counter medications. i agree with david on the issue of fever, but you know who should make that decision? your doctor, not you. don't go to the store and say i have a 103 fever, i need tylenol. if nothing else, this is what it brings home. many people think oh, it's just a tylenol. the truth is, it's got active chemicals in it. this is a lot of patients, over 60,000. we have to figure out why this is happening. is it affecting the b
if you take it during the first trimester, it increases attention deficit risk by 9%. this is the time where the nerves and all the end krin and hormonal changes are taking on. if you take it in the second and third stritrimester, the risk increases to 68%. >> what about if your back is really killing you at the end. >> patients come to me and say what do i take? i say nothing. i feel more certain of that, because we always felt that the one thing could you take was acetaminophen,...
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Feb 28, 2014
02/14
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the federal deficit was $680 billion in the last fiscal year. that's down from about $1.1 trillion the previous year. cnn global economic analyst, managing editor of "time" magazine. so it's a dramatic -- about 15% drop in the deficit, which is still high, but a lot less than it used to be. what happened? >> well, in short, the country's growing again. we have been in a recovery for the last year. hasn't felt like one to a lot of people, but growing your way out of a deficit is always the best way to do it. that happened during the boom period of the clinton years, what a lot of people have been hoping would happen once we got past the fiscal headwinds in washington, that we get back on a growth path. what's interesting, though, there is actually a cbo study out looking at the longer term impact on budget deficits. and we have to keep growing faster in order to keep it down. we go back to a 2% economy, those numbers will tick right back up. so the jury is still out on this. >> because that cbo report that came out the other day, it said right no
the federal deficit was $680 billion in the last fiscal year. that's down from about $1.1 trillion the previous year. cnn global economic analyst, managing editor of "time" magazine. so it's a dramatic -- about 15% drop in the deficit, which is still high, but a lot less than it used to be. what happened? >> well, in short, the country's growing again. we have been in a recovery for the last year. hasn't felt like one to a lot of people, but growing your way out of a deficit is...
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Feb 26, 2014
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he's going to turn away from deficit reduction, go to government spending. he doesn't call it stimulus, spending but instead calls it investment. infrastructure, highway repair issues will create jobs and help obviously in terms of rebuilding the country. the president in the blue state of minnesota rather than going to red states, more republican states where health care may be unpopular. interesting. bill clinton as you know was in kentucky trying to help out alison grimes, a democratic senate candidate trying to take the seat currently held by republican mitch mcconnell. when senate majority leader harry reid was pressed on why president obama isn't going out to red states, he had an interesting answer. >> we have one president that's been going every place and that's clinton. he's traveling around campaigning for everybody doing a great job. >> there you have the top senate democrat suggesting the former president may be a better asset right now than the current president. bottom line, though, of course, we'll see president obama, current president, rais
he's going to turn away from deficit reduction, go to government spending. he doesn't call it stimulus, spending but instead calls it investment. infrastructure, highway repair issues will create jobs and help obviously in terms of rebuilding the country. the president in the blue state of minnesota rather than going to red states, more republican states where health care may be unpopular. interesting. bill clinton as you know was in kentucky trying to help out alison grimes, a democratic...
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Mar 6, 2014
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their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016 and it will be 531. gee have to look at these numbers. give the president and this administration some credit. i have been pretty tough on them. give them some cd. they did something else. they did something that bass wa positionti positive. but you are never going to give any credit to anybody except the pat on the back at the christmas party. superintendant th isn't that wonderful? >> does this plan raise the age for social security? >> no, sir. >> does it change the measure of inflation for social security? >> so this administration has managed to reduce the deficit in 2013 below bowles simpson to social security. >> so now w
their plan called for the deficit $819 billion in 2013. what was the deficit for 2013? >> $680 billion. >> well, that is much less than what simpson bowles projected sit not? >> it is. >> so last year, 2013, president obama exceeded the deficit reduction goal of simpson bowles of $139 billion. am i correct? >> yes, sir. >> yes, sir i would have to look at what numbers they have at what years. >> do you know what the number will be? >> it is 2016...
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Mar 4, 2014
03/14
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taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it. in that it projects that we're going to raise taxes another $1.75 trillion. >> house budget chairman paul ryan said the president's budget is not a serious document. it is a campaign brochure. and aides say the soon to be le balance. >> mike emanuel live on the hill, thank you. >>> still ahead, what is the ukraine crisis doing to the u.s. space program. >>> first, the primary season kicks off in texas. it's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb
taxes $1.7 trillion, this would be an additional tax increase to largely pay for new spending and not deficit reduction. the top republican on the senate budget committee says he wants to know when the president is going to get serious. >> this budget will not work. it's bad for america. it does not get us off the debt course we're on. it has total flimflam in it. in that it projects that we're going to raise taxes another $1.75 trillion. >> house budget chairman paul ryan said the...
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Mar 6, 2014
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it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep this thing runs. miss lee. >> thank you very much. i apologized. i had another meeting. things got dhchanged around. i tonight believe anyone has asked you yet about the oversass account. i believe this is a so called police station holder at this point. >> there are strategies as it relates to the draw down in afghanistan. i'm very concerned that the oco has become a slush fund of wasteful spending. the pentagon reserved money even though most troops are coming home. even though congress appropriated a total for war costs in oco, when are we going to be able to finally
it has run up record number of deficits. you are doing the opposite and having the opposite results. the revenue ratios are the same as the clinton administration's. >> he was reducing spending. swroo we are -- >> discretionary. >> yeah. >> we are talking about the entire budget which brings me to the final question. you propose no reforms. i'm curious how you plan on doing that? >> the trillion dollars that occurs has been implementation. >> we have to keep...
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it could increase deficits in the second decade. >> i think it will be the opposite. it will generate more revenue. add $700 billion in new revenues to help us pay down the debt. cuts can getending us to a balanced budget. >> you think by the second decade it will raise revenues because of the dynamics. >> in the first decade. >> you drew a parallel to the 1986 tax reform under president reagan. one of the differences is that under that measure, the earned income tax credit for the poor was vastly expanded. under this proposal it would be cut back. ofoman making a minimum wage $17,000, she will lose $2000 in 4-5 years. should the poor have to pay the burden? >> they do not. everyone making up to $100,000 sees a tax cut. and, average family takes home -- >> that is cut back a little bit. >> it is not. in my view, it was supposed to offset the payroll tax. unfortunately it has gone beyond that. it is refocus back on making sure p road taxes are offset. more families have that opportunity, and it is a create that poverty trap where the harder you work, the more you are p
it could increase deficits in the second decade. >> i think it will be the opposite. it will generate more revenue. add $700 billion in new revenues to help us pay down the debt. cuts can getending us to a balanced budget. >> you think by the second decade it will raise revenues because of the dynamics. >> in the first decade. >> you drew a parallel to the 1986 tax reform under president reagan. one of the differences is that under that measure, the earned income tax...
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they say, gee, we have a terrible deficit. we're going to have to cut social security, medicare, medicaid, education, environmental protection. the needs of the kids' nutrition programs because of this deficit. so if you are asking me, do i this i that same set of policies will play out? more money for defense, then rising deficits and then cutbacks on programs that middle class and working families need? absolutely, that is what will happen. >> what is going to happen to these veterans, now, senator, if they're not going to get this kind of funding. there are a lot of veterans in this country that are being undercut, that are not being -- our obligation, we are not living up to our obligations because of war and budget cuts. so what does that say to the next generation thinking of a career in the military? >> that's a very important point. it says if we cannot keep faith with those people really hurting as a result of service to this country, i think you will have a lot of young people out there saying do i really want to mak
they say, gee, we have a terrible deficit. we're going to have to cut social security, medicare, medicaid, education, environmental protection. the needs of the kids' nutrition programs because of this deficit. so if you are asking me, do i this i that same set of policies will play out? more money for defense, then rising deficits and then cutbacks on programs that middle class and working families need? absolutely, that is what will happen. >> what is going to happen to these veterans,...
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. >> i think the report getting back persistent concerns and deficits over the course of the year under the previous government and current government with respect to freedom of association, freedom of assembly, security force abuses, protection of religious minorities. >> countries like china, turkey and saudi arabia were mentioned in the report for renewing restrictions of press freedoms. >> throughout the year many individuals were silenced as well. the saudi blog was sentenced to prison and 600 lashes for espousing liberal thought. >> much of the world live under authoritarian rule and many realities do not compliment international laws. in recent decades democratization and economic progress has i lifted hundreds of millions of people out of depression and depravation. the world is a better place than it's been for more people in more places than ever. but beatings, jailings, discriminations, overbearing state power and in some places state instability in others still threaten the lives of many. we have with us director of freedom houses, freedom of the press index which evaluate t
. >> i think the report getting back persistent concerns and deficits over the course of the year under the previous government and current government with respect to freedom of association, freedom of assembly, security force abuses, protection of religious minorities. >> countries like china, turkey and saudi arabia were mentioned in the report for renewing restrictions of press freedoms. >> throughout the year many individuals were silenced as well. the saudi blog was...
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and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1 trillion worth over the next year. and i'm wondering, where are the savings? because the president and republicans, too, there were no fair players on this, they reversed what were going to be minor cost of living juchlgts in the last deal. they scrapped that altogether. writes the will for getting this under control? >> two things. i think if you look in the medicare area, the president's budget identifies some additional efficiencieefficienc that are saved, that are cut, not by harming beneficiaries, but by reducing and continue to reduce some of the overpayments to the private insurance companies, by changin
and i see a lot of this idea about how we're going to get deficits under control and in plans in time courtesy of tax hikes, but not a lot of spending cuts. >> well, a couple things. first of all, if you look at this budget, it shows the that the deficits are steadily decreasing, year by year. as you know, we've cut them in half over the last four years. and this budget puts the them on a continuing downward trajectory, number one. >> but they are still relying on tax hikes. $1...
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at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class or if we're going to continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it this year and in the years to come as president. thank you very much, everybody. michael? >> do you have any response to president putin's press conference this morning? is chancellor merkel right that he has lost touch with reality? have you spoken to him personally? >> i have not spoken to him since i spoke to him this past weekend. but obviously, me and my national security team have been watching events unfolding in ukraine very closely. i met with them again today. as many of you know, john kerry is in kiev as we speak, at my direction. he's expressing our full support for the ukrainian people. over the past several weeks, we've been working with our partners an
at a time when our deficits are falling at the fastest rate in 60 years, we have to decide if we are going to keep squeezing the middle class or if we're going to continue to reduce the deficits responsibly, while taking steps to grow and strengthen the middle class. the american people have made clear time and again which approach they prefer. that is the approach my budget offers. that is why i am going to fight for it this year and in the years to come as president. thank you very much,...
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right away there a deficit. >> stephen: that's right, our president request to the be something that other countries disapprove of. (laughter) we are the leader of the free world. so we need to vote for whoever iran wants. (laughter) plus i mean think about this, think about this one, for a second. a female president invites a greg-- aggression. >> let me throw this at you because i know this is going to happen. so say hillary clinton is the only woman in play right now, is elected. well you know the chinese are going to test her right a wap. they're going to move more ships into certain areas and they're going to binge, binge, binge, let's see. they did the same thing with barack obama. they tested. but now you're going to have-- putin is going to do it, chinese will do it, certainly north korea will do it. they'll snatch some american, they'll kidnap them, they'll do all of that just to see how it goes. >> stephen: yeah, i mean we got obama in there now and the china east-- chinese testing him, binge, binge, binge, binge, binge. i didn't know what that means in mandarin but you get
right away there a deficit. >> stephen: that's right, our president request to the be something that other countries disapprove of. (laughter) we are the leader of the free world. so we need to vote for whoever iran wants. (laughter) plus i mean think about this, think about this one, for a second. a female president invites a greg-- aggression. >> let me throw this at you because i know this is going to happen. so say hillary clinton is the only woman in play right now, is elected....
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while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for the economy. >> let me ask you quickly before we go, because i think there is this growing consensus and you said you think there can be more that is done on that. give us a sense of where you think that can happen. >> well, i think there's different ways you have to look at income inequality, which is how people are making their money and what's happening after the government's involved, so one of the issues we have to look at is how to have more training, more education, more high skilled workers earning higher wages to begin with, so it's not just things like eitc and
while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to entitlement programs and the tax code. that would be the best to do for...
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Mar 5, 2014
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generations without leaving them a mountain of debt. >> woodruff: the 2015 deficit would decline, to $560 billion, but republicans today said the red ink, spending hikes and tax increases mean the plan is dead on arrival. senate minority leader mitch mcconnell. >> rather than put together a constructive blueprint the two parties could use as a jumping off point, to get our economy moving and our fiscal house in order, the president has once again opted for the political stunt for a budget that's more about firing up the base in an election year than about solving the nation's biggest and most persistent long-term challenges >> woodruff: congressman paul ryan, the house budget chair, likewise called the obama plan a disappointment. in a statement, he said: >> woodruff: ryan offered an extensive critique yesterday of federal anti-poverty efforts. he's expected to release a republican budget proposal in the coming weeks. >> woodruff: some of the more notable pieces of the president's proposal, and expected to show up in the republican alternative, are the different approaches to poverty
generations without leaving them a mountain of debt. >> woodruff: the 2015 deficit would decline, to $560 billion, but republicans today said the red ink, spending hikes and tax increases mean the plan is dead on arrival. senate minority leader mitch mcconnell. >> rather than put together a constructive blueprint the two parties could use as a jumping off point, to get our economy moving and our fiscal house in order, the president has once again opted for the political stunt for a...
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it's jack what you're saying. >> where's the deficit there? last night bill o'reilly kept pushing his case that there's something wrong with having a woman president and finally he found an answer. >> there's got to be a down side for a woman. do you know one? >> i'm having a tough time with this one, too, bill. i think it depends on the individual. of course there's a down side to certain individual women. >> but in general, you both don't see any gender deficiency to lead the free world? >> well, look, i can actually think of something. >> oh, good. if. >> if you can take your example of men being macho. a woman might feel like she needs to act macho, for example, maybe feel like she had to take, vote for, say, the iraq war. i'm just going to say theoretically, to make it look like she would be a tough leader when she was in office and that she's not afraid to use military force. >> that's what hillary clinton did. >> yes. >> oh, yeah, hillary clinton vote for the iraq war that put it over the top. there were 77 votes in the senate authorizi
it's jack what you're saying. >> where's the deficit there? last night bill o'reilly kept pushing his case that there's something wrong with having a woman president and finally he found an answer. >> there's got to be a down side for a woman. do you know one? >> i'm having a tough time with this one, too, bill. i think it depends on the individual. of course there's a down side to certain individual women. >> but in general, you both don't see any gender deficiency to...
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Mar 6, 2014
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scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can dance across the weather map, which is what tom hanks did on unavision, since he couldn't speak spanish. might as well go up and down like barometric pressure, it felt like a rehearsal for dancing with the stars meteorological edition. when the late, great comedian paul lindh did the weather for an ohio station -- he played it dumb. >> 41% chance of twisters. >> reporter: and when confronted by radar -- >> looks like i'm going to be a fortune teller. >> reporter: that was in the late '70s. now in 2014 -- >> and if you didn't understand all this, i'm sure you have an app on your phone. >> reporter: not bad, katy, you made
scarlet johansen also suffered from gpd, geographical pointing deficit, as she pointed to the west coast predicting snow. and snooki had to address her own areas of low cut pressure. the pressure was anything but low on the anchor who had to toss to prince charles, calling him your highness. >> well, it's an unsettled picture. >> the prince found the script to be a royal pain. >> who the hell wrote this script? >> reporter: but who needs to dabble in doppler when you can...
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Mar 5, 2014
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champions league garden after that, desperate not to make too big an advantage -- two big deficit after the advantage. ." you are watching "france 24 our top stories of course the growing crisis in ukraine, the subject of today's inside look. joining us is the director of the polish institute of international affairs, joining us via skype. thank you for joining us, sir. all of this diplomatic wrangling comes a day after u.s. president barack obama warned moscow it was "not fooling anybody" over its involvement in crimea. there have been tough words exchanged between russia and the u.s. will the diplomats be able to overcome that animosity and come to some sort of solution? >> i think it will be extremely difficult because it is a situation where russia has invaded the territory of another country in breach of united nations charter, in breach of the rules of the organization for security and cooperation in europe and in violation of treaties between ukraine and russia. this is a situation that cannot be tolerated by the international community without raising these objections. at the sa
champions league garden after that, desperate not to make too big an advantage -- two big deficit after the advantage. ." you are watching "france 24 our top stories of course the growing crisis in ukraine, the subject of today's inside look. joining us is the director of the polish institute of international affairs, joining us via skype. thank you for joining us, sir. all of this diplomatic wrangling comes a day after u.s. president barack obama warned moscow it was "not...
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Feb 27, 2014
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maya mcginns, a capable observer said using the war gimmick to offset other costs or count toward deficit reduction would send a message to the american public and our investors that we are not serious about controlling the debt. in fact, it would send the message that not only are we not serious, but we're going to try to trick everyone that we're actually doing something productive on the deficit. that's the hyatt of -- height of irresponsibility, close quote. myra mcginns, a director at the committee for responsible federal budget, said that last november. so we're not going to go for this. we're not going to go for this. we're not going to waive the budget in this fashion. it's not going to pass. and it should have been known beforehand when senator sanders and senator reed have sought to push this bill through that it's never going to pass. because there are enough senators in this body have enough strength of will to honor the commitment we made a few weeks ago in the ryan-murray legislation. and we're not going to use some bogus gimmick to justify busting the budget. so the deal is
maya mcginns, a capable observer said using the war gimmick to offset other costs or count toward deficit reduction would send a message to the american public and our investors that we are not serious about controlling the debt. in fact, it would send the message that not only are we not serious, but we're going to try to trick everyone that we're actually doing something productive on the deficit. that's the hyatt of -- height of irresponsibility, close quote. myra mcginns, a director at the...
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Mar 5, 2014
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more debt, higher deficits, rob our children blind and you're all in support of it? >> it's not that i'm in support of it let's talk about what it really is. the numbers already been decided. that was the whole partisan thing that happened a few months ago, what we're going to quick et over is how that money's going to be divided. >> we're going to gut defense. >> you may have heard that it's an election year. is it at all possible that this is an election budget that every one of us knows is never going through? >> we're going to rob our children? >> no, we're not. >> it's not going to happen. >> you know it's not going to happen. >> it's an election year. fudge it. >> i concede the point counselor. >> good night, folks. >> i concede that point, it's not going to happen, the fact that he wants it. didn't we learn? sl. >> he doesn't want it, congress wants it. >> everyone in congress has to run in november, it's a democratic budget p. >> why do they waste our time in. >> that's how politics works. you don't think the republicans do it when they're in the white house?
more debt, higher deficits, rob our children blind and you're all in support of it? >> it's not that i'm in support of it let's talk about what it really is. the numbers already been decided. that was the whole partisan thing that happened a few months ago, what we're going to quick et over is how that money's going to be divided. >> we're going to gut defense. >> you may have heard that it's an election year. is it at all possible that this is an election budget that every...
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Mar 6, 2014
03/14
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deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension forfaa our airports. will continue. the good thing about transportation infrastructure, it is generally bipartisan. every congressman and senator has roads, bridges, harbors in their states. i believe we are going to continue to work on those things. host: the house armed services committee hearing from general dempsey today about the military's budget. what do you make of what the president post -- of what the president proposed? guest: i am nervous. it is a flat line. there is modest reduction and it does not grow. the budget wasat really designed around what the are.nal securi
deficit,ore debt, more and more taxes. it is problematic. it did not solve anything. host: on the areas where you say there is common ground, do you think it get done before the 2014 election? guest: we already have a budget agreement that is the reality. host: the current income tax credit, the transportation. guest: we have a two-year highway bill in place right now. in the political dysfunction congress, the house transportation committee was able to pass a two-year highway bill. extension...
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Mar 3, 2014
03/14
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FOXNEWSW
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at its as a disaster, and we can't afford it as taxpayers because it's going to completely shoot the deficit higher and higher and higher. >> craig, thank you very much. again, regardless of whether folks at home agree or disagree with craig, the fact of the mary is to pin this on republican governor weather are not going along when it's at least a dozen democratic state governors who are having trouble getting is along, think masks reality. >>> as crisis turns to chaos over there how would america's mayor deal with it over here? rudy giuliani is next. predicting the future is a pretty difficult thing to do. but, manufacturing in the united states means advanced technology. we learned that technology allows us to be craft oriented. no one's losing their job. there's no beer robot that has suddenly chased them out. the technology is actually creating new jobs. siemens designed and built the right tools and resources to get the job done. afghanistan, in 2009. orbiting the moon in 1971. [ male announcer ] once it's earned, usaa auto insurance is often handed down from generation to generation.
at its as a disaster, and we can't afford it as taxpayers because it's going to completely shoot the deficit higher and higher and higher. >> craig, thank you very much. again, regardless of whether folks at home agree or disagree with craig, the fact of the mary is to pin this on republican governor weather are not going along when it's at least a dozen democratic state governors who are having trouble getting is along, think masks reality. >>> as crisis turns to chaos over...
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Feb 26, 2014
02/14
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they are providing so much money to reduce the deficit. you have a triumvirate of forces reducing the deficit from the outside. then he may, freddie mac, and jpmorgan. i thought -- i think that may continue for a while. cyber security -- you will hear a lot about that. the chances of more data breaches this year are 100%. there will be more and probably will be more as we are sitting here this morning. the chances of a bill are pretty dim. you get the sense that everywhere you look the legislative agenda is looking pretty meager. i don't totally rule out a bill that eric cantor and others are talking about giving tax incentives to companies that hire and train young workers. there could be something like that but i think there will not the a lot. one final thing i want to throw out -- a theme of mine that i have been talking about for the last two or three months -- it leaves me puzzled. here we have an economy that grew in the second half by 3.5% or something like that. that was a rise in gdp and was not all inventory accumulation. inre w
they are providing so much money to reduce the deficit. you have a triumvirate of forces reducing the deficit from the outside. then he may, freddie mac, and jpmorgan. i thought -- i think that may continue for a while. cyber security -- you will hear a lot about that. the chances of more data breaches this year are 100%. there will be more and probably will be more as we are sitting here this morning. the chances of a bill are pretty dim. you get the sense that everywhere you look the...
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Mar 4, 2014
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at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole which allows hedge fund managers to count their investments as income instead of capital gains. many think it faces a long road because of republicans in the house. to walk us through the budget battle, jimmy williams, an opinion writer for u.s. news.com and an msnbc contributor. how are you? >> how are you, hello. >> i want to start with one of the more important things which is that child care tax credit. this is big for people. when you look at the numbers from the white house, you're talking about well over 1.5 million people effected, $600 for a lot of folks with children under five years old. my view
at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole...
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Mar 5, 2014
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address income inequality and further reduce the national deficit. the president's sixth budget will also provide more resources and money toward climate change initiatives and regulating wall street. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire outside counsel. hours earlier, it was an emotional attorney general, jack conway, refusing. he said the appeal this ruling would just be defending discrimination. >> in the end, this issue is really larger than any single person. it's about placing people over politics. for those who disagree, i can only say that i'm doing wh
address income inequality and further reduce the national deficit. the president's sixth budget will also provide more resources and money toward climate change initiatives and regulating wall street. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john...
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Mar 3, 2014
03/14
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the is nothing moral about running up huge deficits about out of control welfare bills. we do not do with these problems, the whole country will be poorer. we should listen to the former arch bishop of canterbury. he said the churches should be aware of the dangers of blindly defending a gargantuan welfare budget that every serious alliteration would cut as a matter of economic common sense. i think serious politicians have to engage in it and that should go for everybody. i join my honorable friend's and congratulate the team on their brilliant performance at the winter olympics. as immediate threat of flood passes, some levels are still underwater and hundreds of businesses and farms are still struggling to recover. the committee on climate change, the u.k. statistical authority have all said the government investment in flood defenses -- in the likes of this, does the prime minister think it is right to revisit the plan for investment in flood defense? >> we will look carefully at the plans. we have set out spending figures all the way out through 2020, not all of whi
the is nothing moral about running up huge deficits about out of control welfare bills. we do not do with these problems, the whole country will be poorer. we should listen to the former arch bishop of canterbury. he said the churches should be aware of the dangers of blindly defending a gargantuan welfare budget that every serious alliteration would cut as a matter of economic common sense. i think serious politicians have to engage in it and that should go for everybody. i join my honorable...
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Mar 3, 2014
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unfortunately for the president, it's that word "credible" where he has a real deficit. he let putin bring him down the garden path on syria, a country that was supposed to have given up all its kemic am weapons by february but has only given up 11% of them. what accountability have we heard demanded by the president. whether it's ukraine, china, syria, where wherever we see him, he just doesn't have what it takes to be taken seriously by foreign leaders. >> is he credible? what do you think? >> i think he's more than credible. for example, if you go back and look at 208 when russia went into georgia, we did nothing. that was at the height of our involvement in iraq and afghanistan. he's got the international community to put sanctions. these aren't going to be the treasury. these have to be international sanctions. nobody, even the harshest critic, wants to put boots on the ground. >> let me give you an example of why i think the credibility thing is a little bit tricky. look at what the president said at one point today. it's remarkable. >> one thing right away is to w
unfortunately for the president, it's that word "credible" where he has a real deficit. he let putin bring him down the garden path on syria, a country that was supposed to have given up all its kemic am weapons by february but has only given up 11% of them. what accountability have we heard demanded by the president. whether it's ukraine, china, syria, where wherever we see him, he just doesn't have what it takes to be taken seriously by foreign leaders. >> is he credible? what...
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then inflation eleven percent record current account deficit fiscal deficit those expect to be five percent five point two percent growth slowing to its worst in a decade and slower consumer demand you can see that in cars would fell for example for six to eight months even before the taper tantrum. and as a result the central bank they were lowering interest rates before the taper to occur proud and so that was a big shock when we got the taper tension for the for for and ok now that's really interesting because you know while the currency was already sliding it accelerated and the rupee was hitting all time lows that was day after day i believe exactly so india was in big trouble to say the least a big big big trouble and bad loans. they started once they started to climb in indian banks and the fear was a sudden stop in capital flows into the country much needed flows given its huge current account deficit now last august former i am after chief economist rajaraman john i got it i was so nervous i ventured out and he was appointed head of india's central bank and rashaun was one of the f
then inflation eleven percent record current account deficit fiscal deficit those expect to be five percent five point two percent growth slowing to its worst in a decade and slower consumer demand you can see that in cars would fell for example for six to eight months even before the taper tantrum. and as a result the central bank they were lowering interest rates before the taper to occur proud and so that was a big shock when we got the taper tension for the for for and ok now that's really...
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Mar 2, 2014
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the cowboys overcoming a deficit, shooting 64% from the field. the finals 72-65 osu. virginia continues to be one of the surprise teams. they beet syracuse outscoring the orange. celebrating an amazing season on senior day in charles otsville. the cavaliers had the first out right a.c.c. title in 33 years. the orange dropped three of their last four. >> on the links, tiger woods is trying to make noise after barely making the cut at the honda classic. woods beginning the third round it 11 shots behind rory mcilroy. china charged up the board, posting seven birdies. woods jumped 49 spots. seven behind the leader entering the final round. >> finally tempers flare in the english premier league. the manager, al-alan pardew ped butting david meyler. he wassest jected and -- he was ejected and finned $168,000. >> sydney's gay and lesbian community celebrated the mardi grass parade. more than 10,000 watched the spectacle. the australian navy band marched alongside secondly clad dancers. [ ♪ music ] >> crowds filled the streets of rio de janeiro for its mardi gras parties.
the cowboys overcoming a deficit, shooting 64% from the field. the finals 72-65 osu. virginia continues to be one of the surprise teams. they beet syracuse outscoring the orange. celebrating an amazing season on senior day in charles otsville. the cavaliers had the first out right a.c.c. title in 33 years. the orange dropped three of their last four. >> on the links, tiger woods is trying to make noise after barely making the cut at the honda classic. woods beginning the third round it 11...
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Mar 4, 2014
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within 10 years we will have a deficit large enough that it is above the safety line and headed north. that gdp headed north. interest payments that are bigger than pentagon spending. that happenshing quickly and harms the constituency and economy. there is a case for doing this on a political and policy ground. >> a lot to be discussed in the coming weeks. thank you. douglas holtz aegon and the committee for the responsible budget. you are sticking with us. more of my interview with senator john mccain. he tells me why he thinks the president is under animate -- underestimating vladimir putin. ♪ >> if we deteriorate and that will have ramifications in terms of economic activity. it getsely hope resolved. >> sergio marchionne, chrysler chairman and ceo. really chairman of fiat. talking about a situation in the ukraine. bad thise question how could be for business. >> he is saying it could be bad. i doubt they sell that many cars in the ukraine. i think the general concern is will it undermine the overall economy? ifi think his point is that it broke into a full-scale world war, it w
within 10 years we will have a deficit large enough that it is above the safety line and headed north. that gdp headed north. interest payments that are bigger than pentagon spending. that happenshing quickly and harms the constituency and economy. there is a case for doing this on a political and policy ground. >> a lot to be discussed in the coming weeks. thank you. douglas holtz aegon and the committee for the responsible budget. you are sticking with us. more of my interview with...
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Mar 5, 2014
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he turned in massive budget deficits, and the economy tanked. the problem with barack obama is not that he changed bush's policies but rather that he did not change them. he took the worst of them and doubled down. he's added $6. trillion to the national debt. meaning that i had -- meaning that today's young people will have to pay back $56,000 plus interest per household to their future taxes for nothing more than to pay for this administration's overspending. he seized 1/6 of the american economy that provides our health care and well on the way to wrecking it for millions of american families, costing them their health plans, their doctors, their savings, and their security. his increased annual taxes by -- he's increased taxes, averaging about $4,00 for every household in america. he made a lot of promises that turned out not to be true. he promised that massive government spending would produce prosperity. instead average personal incomes declined $2,00 during his presidency and food stamp dependency's at an all-time high. nearly one in six
he turned in massive budget deficits, and the economy tanked. the problem with barack obama is not that he changed bush's policies but rather that he did not change them. he took the worst of them and doubled down. he's added $6. trillion to the national debt. meaning that i had -- meaning that today's young people will have to pay back $56,000 plus interest per household to their future taxes for nothing more than to pay for this administration's overspending. he seized 1/6 of the american...
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Mar 2, 2014
03/14
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you took a state a lot of people felt was ungovernable, chiefly because of the budget deficit and now there's a surplus. is there a national leadership lesson that california provide? >> you've got to be tough on spending. at the end of the day, fiscal discipline is the fundamental predicate of a free society. and you just have to maintain that. secondly, you do have to find a way to create a governing consensus or coalition. in california, we do have a majority democratic party. and we don't have the any constitutional blocking points like the 60-vote requirement in the senate or the division of parties in the house between the house and the senate. >> it is interesting, is there a lesson for president obama no matter how liberal you are, you said, here the president's about to present a budget where he's saying look, the deficits are coming down for now. we've got to spend more. we're only going to get the economy going in a meaningful way if we spend more on infrastructure and the loo i can. >> yeah, spend more but in the framework of adjusting your long-term liabilities so we're i
you took a state a lot of people felt was ungovernable, chiefly because of the budget deficit and now there's a surplus. is there a national leadership lesson that california provide? >> you've got to be tough on spending. at the end of the day, fiscal discipline is the fundamental predicate of a free society. and you just have to maintain that. secondly, you do have to find a way to create a governing consensus or coalition. in california, we do have a majority democratic party. and we...
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Feb 28, 2014
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>>> the federal deficit plunged by more than $400 in the last fiscal deficit. the sharpest drop since the end of world war ii. alison kosik is in new york to tell us why this happened. >> the federal budget deficit is at its lowest level in five years. the deficit is the difference between what the government spends and takes in. that dropped to $680 billion in 2013. to give you some perspective, during the financial crisis, it shot up above $1 trill in 2009 as the economy tanked and government bailouts became the norm. here is why it is happening. the economy is getting better over the last few years. the deficit has been shrinking. also, we are paying higher taxes. all that means more revenue for the government. the government has cut back on spending. the republicans, they still insist that the budget deficit is still too large. if they are looking for a fight, they may not get it. congress agreed to a bipartisan budget deal. mid-term elections are coming in the fall. a strengthening economy is removing much of the budgetary brinkmanship we have been sufferi
>>> the federal deficit plunged by more than $400 in the last fiscal deficit. the sharpest drop since the end of world war ii. alison kosik is in new york to tell us why this happened. >> the federal budget deficit is at its lowest level in five years. the deficit is the difference between what the government spends and takes in. that dropped to $680 billion in 2013. to give you some perspective, during the financial crisis, it shot up above $1 trill in 2009 as the economy tanked...